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This OCP module is designed to identify and raise the awareness
of potential vulnerabilities, loopholes and weak links that
exist in the client's operating environment so as to avoid costly
and irreversible errors that would otherwise become apparent
only when the undesired event occurs and the disaster plan and
recovery strategy are implemented.
Vulnerabilities or seeds of disaster are generally apparent
and readily visible but often overlooked and neglected. They
generally embody an unnecessarily high risk of susceptibility
to impact. But on a positive note, vulnerabilities can be reduced
with relatively small investment of money, time and effort.
Arresting the potential vulnerabilities, loopholes and weak
links that exist in the client's operating environment before
they become costly and irreversible errors minimizes the level
of risk exposure of the client to an acceptable level and enhances
the overall corporate's confidence level that all reasonable
and practicable steps have been taken to ensure the smooth operations
of the business. It considerably increases the probability that
the company will be out of harm's way whenever an undesirable
event occurs.
Vulnerabilities identification is the quest for at-risk conditions,
hence honesty and thoroughness are two important criteria in
exposing vulnerabilities in the company.
In general, there are three kinds of vulnerabilities. Firstly,
vulnerabilities that place the company at an exceedingly or
excessively high level of risk and they warrant rectification
without any delay. Secondly, vulnerabilities that unnecessarily
places the company at a level of risk higher than the acceptable
level. Lastly, apparent vulnerabilities that will be discovered
and when analyzed, turned out to be at a level of risk so low
that rectification is not deemed necessary or that the cost
of rectification to lower the level of risk is excessive in
terms of the ultimately achieved risk level.
In conclusion, the lesser vulnerabilities present in the client's
operating environment, the lower the risk exposure it faces.
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2005 All rights reserved.